Will Mt. Gox’s $932 million BTC transfer add fuel to the crypto crash?
- Crypto market capitalization reaches a low of $2.44 trillion on Tuesday, levels not seen since early November.
- The recent price correction triggered a wave of liquidations worth over $937 million in the last 24 hours.
- Defunct crypto exchange Mt. Gox raises concern in the market as it moves 11,833 BTC worth $932 million.
The crypto market continued its ongoing downleg as the week started, as its market cap capitalization reached a low of $2.44 trillion on Tuesday, levels not seen since early November. This price crash has triggered a wave of liquidations of over $937 million in the last 24 hours while the defunct crypto exchange Mt. Gox raises concern in the market as it moves 11,833 BTC worth $932…
